Nikola continues dramatic turnaround with EV battery pack production plans

Nikola Motor Corp. is continuing its dramatic turnaround just eleven months after its founder and CEO was indicted on three counts of fraud. The company announced plans to manufacture its own battery packs by 2024, but only if market conditions and sourcing was openly available to Nikola, CFO Kim Brady said. “If in-sourcing opportunity is … Continue reading Nikola continues dramatic turnaround with EV battery pack production plans